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TD SYNNEX Corporation operates as a distributor and solutions aggregator for the information technology (IT) ecosystem. The company offers personal computing devices and peripherals, mobile phones and accessories, printers, supplies, and endpoint technology software; and data center technologies, such as hybrid cloud, security, storage, networking, servers, technology software, and converged and hyper-converged infrastructure, as well as computing components. It also provides systems design and rack integration, build-to-order, and configure-to-order assembly; and thermal testing, power-draw testing, burn-in, and quality and logistics support. In addition, the company offers outsourced fulfilment, virtual distribution, and direct ship to end-users; shipping documents generation, multi-level serial number tracking, and configured products and online order and shipment tracking, as well as turn-key logistics solutions. Further, it provides public cloud solutions in productivity and collaboration, IaaS, or Infrastructure as a Service, PaaS, or Platform as a Service, SaaS, or Software as a Service, security, mobility, IoT, and other hybrid solutions. Additionally, the company offers online services; provides net terms, third party leasing, floor plan financing, and letters-of-credit backed financing and arrangement; and leases products and provides device-as-a-service, as well as offers direct mail, external media advertising, reseller product training, targeted telemarketing campaigns, national and regional trade shows, trade groups, database analysis, print on demand services, and web-based marketing. It serves value-added resellers, corporate resellers, government resellers, system integrators, direct marketers, retailers, and managed service providers. The company was formerly known as SYNNEX Corporation and changed its name to TD SYNNEX Corporation in September 2021. TD SYNNEX Corporation was incorporated in 1980 and is headquartered in Fremont, California.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Synnex Corporation is a global IT distributor and solutions provider offering hardware, software, supply-chain, logistics and value-added services to technology vendors and resellers. Long-term growth may be supported by secular demand for cloud infrastructure, security and digital transformation and by expansion of managed services, while scale and diversified vendor relationships could underpin recurring revenue.
Primary investment risks include cyclical enterprise IT spending, intense distributor competition and thin distribution margins, integration and leverage from acquisitions, and exposure to supply-chain and currency volatility.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2022-11-30 | 2021-11-30 | 2020-11-30 | 2019-11-30 | 2018-11-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-11-30 | 2021-11-30 | 2020-11-30 | 2019-11-30 | 2018-11-30 |
| Income before tax | 827.13M | 466.49M | 436.15M | 677.70M | 457.38M |
| Minority interest | - | - | - | - | 0.00M |
| Net income | 651.31M | 395.07M | 334.54M | 500.71M | 300.60M |
| Selling general administrative | 2627.01M | 1154.17M | 2017.50M | 2084.16M | 1376.66M |
| Gross profit | 3900.20M | 1889.53M | 1193.86M | 2897.92M | 1927.70M |
| Reconciled depreciation | 463.37M | 151.66M | 341.64M | 372.11M | 225.29M |
| Ebit | 808.66M | 623.22M | 521.34M | 472.02M | 316.76M |
| Ebitda | 1272.03M | 736.47M | 856.81M | 844.12M | 542.05M |
| Depreciation and amortization | 463.37M | 113.25M | 335.46M | 372.11M | 225.29M |
| Non operating income net other | -1.17M | 1.10M | 1.28M | 30.36M | -8.98M |
| Operating income | 808.66M | 623.22M | 521.34M | 472.02M | 551.04M |
| Other operating expenses | 61070.62M | 30878.80M | 19455.81M | 22943.53M | 19502.73M |
| Interest expense | 222.58M | 157.84M | 79.02M | 166.42M | 84.67M |
| Tax provision | 175.82M | 71.42M | 174.88M | 176.99M | 156.78M |
| Interest income | 222.58M | 157.84M | 127.34M | 146.18M | 90.80M |
| Net interest income | -222.58M | -157.84M | -127.34M | -166.42M | -84.67M |
| Extraordinary items | 0.00M | 0.00M | 194.62M | - | -33.11M |
| Non recurring | 222.32M | 112.15M | - | - | - |
| Income tax expense | 175.82M | 71.42M | 101.61M | 176.99M | 156.78M |
| Total revenue | 62343.81M | 31614.17M | 19977.15M | 23757.29M | 20053.76M |
| Total operating expenses | 2627.01M | 1154.17M | 672.52M | 2084.16M | 1376.66M |
| Cost of revenue | 58443.61M | 29724.63M | 18783.29M | 20859.38M | 18126.06M |
| Total other income expense net | 18.47M | -156.73M | -85.19M | 205.69M | -8.98M |
| Discontinued operations | - | - | 194.62M | 138.54M | 138.54M |
| Net income from continuing ops | 651.31M | 395.07M | 529.16M | 500.71M | 300.60M |
| Net income applicable to common shares | 651.31M | 395.07M | 529.16M | 500.71M | 300.60M |
| Breakdown | 2022-11-30 | 2021-11-30 | 2020-11-30 | 2019-11-30 | 2018-11-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-11-30 | 2021-11-30 | 2020-11-30 | 2019-11-30 | 2018-11-30 |
| Total assets | 29734.00M | 27666.38M | 13468.59M | 11697.96M | 11480.43M |
| Intangible assets | 4422.88M | 4913.12M | 186.05M | 1162.21M | 1377.31M |
| Other current assets | 671.51M | 668.26M | 173.94M | 385.02M | 261.54M |
| Total liab | 21708.49M | 19760.40M | 9129.73M | 7909.51M | 8048.37M |
| Total stockholder equity | 8025.51M | 7905.98M | 4338.86M | 3788.45M | 3432.07M |
| Deferred long term liab | 942.25M | 1015.64M | 159.40M | 222.21M | 206.02M |
| Other current liab | 2171.61M | 2017.25M | 985.84M | 1158.71M | 1036.03M |
| Common stock | 0.10M | 0.10M | 0.05M | 0.05M | 0.05M |
| Capital stock | 0.10M | 0.10M | 0.05M | 0.05M | 0.05M |
| Retained earnings | 1708.23M | 1171.87M | 3133.06M | 2624.68M | 2195.64M |
| Other liab | 1110.60M | 1571.77M | 891.58M | 584.12M | 532.03M |
| Good will | 3803.85M | 3917.28M | 423.88M | 2254.40M | 2203.32M |
| Other assets | 179.18M | 618.39M | 0.00M | -0.00M | -0.00M |
| Cash | 522.60M | 993.97M | 1412.02M | 225.53M | 454.69M |
| Cash and equivalents | 522.60M | 993.97M | 1564.67M | 225.53M | 454.69M |
| Total current liabilities | 16428.72M | 14233.45M | 5630.09M | 4607.12M | 4894.44M |
| Current deferred revenue | - | - | 768.05M | - | - |
| Net debt | 3581.19M | 3142.46M | 209.64M | 2791.71M | 3001.30M |
| Short term debt | 268.13M | 181.26M | 124.96M | 298.97M | 833.22M |
| Short long term debt | 268.13M | 181.26M | 158.72M | 298.97M | 833.22M |
| Short long term debt total | 4103.79M | 4136.43M | 1621.66M | 3017.24M | 3456.00M |
| Other stockholder equity | 7036.88M | 7070.20M | 1400.32M | 1372.79M | 1362.38M |
| Property plant equipment | 421.06M | 483.44M | 609.29M | 569.90M | 571.33M |
| Total current assets | 20500.87M | 17734.14M | 8769.13M | 7452.99M | 7099.75M |
| Long term investments | - | - | - | - | 3.52M |
| Net tangible assets | -201.22M | -924.42M | 1093.92M | 371.84M | -148.55M |
| Short term investments | - | - | - | - | 2.58M |
| Net receivables | 10240.13M | 9429.00M | 3078.03M | 4295.21M | 3855.50M |
| Long term debt | 3835.66M | 3955.18M | 2608.06M | 2718.27M | 2622.78M |
| Inventory | 9066.62M | 6642.91M | 2684.08M | 2547.22M | 2518.32M |
| Accounts payable | 13988.98M | 12034.95M | 3751.24M | 3149.44M | 3025.20M |
| Accumulated other comprehensive income | -719.71M | -336.19M | -194.57M | -209.08M | -126.29M |
| Common stock total equity | 0.10M | 0.10M | 0.05M | 0.05M | 0.05M |
| Retained earnings total equity | 1708.23M | 1171.87M | 3133.06M | 2624.68M | 2195.64M |
| Treasury stock | -337.22M | -201.14M | -191.22M | -172.63M | -149.53M |
| Non currrent assets other | 585.34M | 618.39M | 3892.25M | 160.92M | 152.23M |
| Deferred long term asset charges | - | - | - | 97.54M | 76.51M |
| Non current assets total | 9233.13M | 9932.24M | 4699.46M | 4244.97M | 4380.68M |
| Long term debt total | 3835.66M | 3955.18M | 2608.06M | 2718.27M | 2622.78M |
| Breakdown | 2022-11-30 | 2021-11-30 | 2020-11-30 | 2019-11-30 | 2018-11-30 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-11-30 | 2021-11-30 | 2020-11-30 | 2019-11-30 | 2018-11-30 |
| Investments | -115.51M | -952.35M | -209.50M | -146.84M | 18.51M |
| Change to liabilities | 2375.95M | 1854.89M | 685.01M | 98.39M | 381.97M |
| Total cashflows from investing activities | -115.51M | -952.35M | -209.50M | -146.84M | -1179.59M |
| Net borrowings | -32.14M | -41.69M | -2.63M | -1.91M | -1.03M |
| Total cash from financing activities | -275.59M | -392.62M | -291.70M | -631.70M | 1001.15M |
| Change to operating activities | 551.90M | -121.10M | 342.60M | 20.08M | 31.64M |
| Net income | 651.31M | 395.07M | 529.16M | 500.71M | 300.60M |
| Change in cash | -472.06M | -573.96M | 1337.72M | -230.88M | -94.71M |
| Begin period cash flow | 994.91M | 1568.87M | 231.15M | 462.03M | 556.74M |
| End period cash flow | 522.86M | 994.91M | 1568.87M | 231.15M | 462.03M |
| Total cash from operating activities | -49.60M | 809.79M | 1834.37M | 549.92M | 100.71M |
| Issuance of capital stock | 8.23M | 12.79M | 12.91M | 5.37M | 4.92M |
| Depreciation | 463.37M | 151.66M | 341.64M | 372.11M | 225.29M |
| Other cashflows from investing activities | 1.54M | -897.46M | -11.53M | -9.41M | -1072.79M |
| Dividends paid | -114.95M | -50.27M | -20.78M | -76.61M | 59.72M |
| Change to inventory | -2636.76M | -1030.11M | -128.79M | -153.13M | -367.90M |
| Change to account receivables | -1497.99M | -517.22M | 12.69M | -326.68M | -512.98M |
| Sale purchase of stock | -136.08M | -9.92M | -18.59M | -23.09M | -72.40M |
| Other cashflows from financing activities | 95.93M | 3079.79M | 5146.01M | 7487.60M | 10058.51M |
| Change to netincome | 42.63M | 76.60M | 52.05M | 38.45M | -20.40M |
| Capital expenditures | 117.05M | 54.89M | 197.97M | 137.42M | 125.31M |
| Change receivables | -1256.75M | -630.83M | 92.53M | -353.07M | -512.98M |
| Cash flows other operating | 310.65M | -7.50M | 262.75M | 46.47M | 94.14M |
| Cash and cash equivalents changes | -440.70M | -535.18M | 1333.17M | -228.62M | -77.74M |
| Change in working capital | -1206.90M | 186.45M | 911.51M | -361.35M | -404.77M |
| Stock based compensation | 91.17M | 53.19M | 33.20M | 27.96M | 22.68M |
| Other non cash items | 43.84M | 23.73M | 67.84M | 28.68M | 3.81M |
| Free cash flow | -166.65M | 754.89M | 1636.40M | 412.50M | -24.60M |
Sector: Technology Industry: Electronics & Computer Distribution
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| SNX TD SYNNEX Corporation |
3.20 1.49% |
218.57 | 15.59 | 9.45 | 0.16 | 1.15 | 0.21 | 8.04 |
| ARW Arrow Electronics Inc |
- -% |
181.09 | 16.28 | 5.03 | 0.29 | 1.38 | 0.39 | 11.09 |
| RXLSF Rexel S.A |
- -% |
38.29 | 7.10 | 7.96 | 0.42 | 1.17 | 0.60 | 7.00 |
| RXEEY Rexel SA ADR |
-0.03 0.08% |
38.20 | 8.47 | 9.43 | 0.42 | 1.39 | 0.60 | 7.00 |
| AVT Avnet Inc |
2.65 3.46% |
79.28 | 23.04 | 7.10 | 0.28 | 1.51 | 0.39 | 12.78 |
TD SYNNEX Corporation operates as a distributor and solutions aggregator for the information technology (IT) ecosystem. The company offers personal computing devices and peripherals, mobile phones and accessories, printers, supplies, and endpoint technology software; and data center technologies, such as hybrid cloud, security, storage, networking, servers, technology software, and converged and hyper-converged infrastructure, as well as computing components. It also provides systems design and rack integration, build-to-order, and configure-to-order assembly; and thermal testing, power-draw testing, burn-in, and quality and logistics support. In addition, the company offers outsourced fulfilment, virtual distribution, and direct ship to end-users; shipping documents generation, multi-level serial number tracking, and configured products and online order and shipment tracking, as well as turn-key logistics solutions. Further, it provides public cloud solutions in productivity and collaboration, IaaS, or Infrastructure as a Service, PaaS, or Platform as a Service, SaaS, or Software as a Service, security, mobility, IoT, and other hybrid solutions. Additionally, the company offers online services; provides net terms, third party leasing, floor plan financing, and letters-of-credit backed financing and arrangement; and leases products and provides device-as-a-service, as well as offers direct mail, external media advertising, reseller product training, targeted telemarketing campaigns, national and regional trade shows, trade groups, database analysis, print on demand services, and web-based marketing. It serves value-added resellers, corporate resellers, government resellers, system integrators, direct marketers, retailers, and managed service providers. The company was formerly known as SYNNEX Corporation and changed its name to TD SYNNEX Corporation in September 2021. TD SYNNEX Corporation was incorporated in 1980 and is headquartered in Fremont, California.
| Name | Title | Year Born |
|---|---|---|
| Mr. Dennis J. Polk | Exec. Chair, Integration Lead, & Head of Global Bus.es | 1967 |
| Mr. Richard T. Hume | CEO, Pres & Director | 1960 |
| Mr. Marshall W. Witt | Chief Financial Officer | 1966 |
| Mr. Peter Larocque | Pres of North America Technology Solutions | 1962 |
| Mr. Simon Y. Leung | Chief Bus. Officer | 1966 |
| Mr. Michael Urban | Pres of Americas | 1965 |
| Mr. Patrick Zammit | Pres of EU & APAC | 1967 |
| Ms. Bonnie K. Smith | Chief Information Officer | NA |
| Liz Morali | Sr. Mang. of Investor Relations | NA |
| Mr. David R. Vetter | Chief Legal Officer & Corp. Sec. | 1960 |
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